148-11 175Th St Jamaica, NY 11434

4,620 SF 0.06 ac lot Built 2008

Entity Owned 9-yr Hold ~ Est. High Equity

Property ID

US63-6091625

$1,650,000 4,620 SF

148-11 175Th St, Jamaica, NY 11434
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This exceptional investment property, located at 14811 175th Street in Jamaica, NY, presents a rare opportunity to acquire a thriving multi-unit building in a prime location. Situated on a 28x100 foot lot (0.06 acres), this 17-year-old building boasts 4,620 square feet of space and benefits from its proximity to both the Motor Vehicle Department and John F. Kennedy International Airport, ensuring high visibility and consistent foot traffic. The ground floor currently houses a successful auto detailing business and a deli, providing immediate and established income streams. The upper two floors comprise office spaces, offering further rental potential or the possibility for expansion of existing businesses. The building is equipped with four air conditioning units and four heating units, ensuring year-round comfort for tenants and occupants. The property is zoned M1-1. The current owner covers insurance and property taxes. This is an ideal investment for those seeking a stable, high-return property in a rapidly developing area. The established businesses on the ground floor provide immediate cash flow, while the office spaces upstairs offer significant upside potential for future growth and rental income. Don't miss this chance to secure a prime commercial property in a high-demand location.